Detailed text transcripts for TV channel - MSNBC - 20110809:20:02:00
The rescue of banks of investors, of speculators, not so much when it comes to mom and pop working and struggling to save, to put their kids through college. >> why would that bet be a good bet? is it because of the pensions? is it because of the implied threat of the bond default, todd? is there something that -- these bonds speculators have mom and pop don't have to leverage the government and central banks into bailing them out uniquely? >> speaks to the enormity of this and it's been cumulative, building in the course of the last ten years. and it's been skewed by spending margins, the hav...
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